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Ryan Holmes

๐Ÿ‘ค Speaker
266 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
865 SaaS: Hootsuite On It's 16m Paying Customers, $100m+ ARR and Social Media Marketing

We wanted to be a tool for businesses.

SaaS Interviews with CEOs, Startups, Founders
865 SaaS: Hootsuite On It's 16m Paying Customers, $100m+ ARR and Social Media Marketing

It wasn't a consumer play.

SaaS Interviews with CEOs, Startups, Founders
865 SaaS: Hootsuite On It's 16m Paying Customers, $100m+ ARR and Social Media Marketing

A lot of products we see out there are consumer plays, and they don't really have a path to monetization.

SaaS Interviews with CEOs, Startups, Founders
865 SaaS: Hootsuite On It's 16m Paying Customers, $100m+ ARR and Social Media Marketing

Their model is to get acquired.

SaaS Interviews with CEOs, Startups, Founders
865 SaaS: Hootsuite On It's 16m Paying Customers, $100m+ ARR and Social Media Marketing

That wasn't us.

SaaS Interviews with CEOs, Startups, Founders
865 SaaS: Hootsuite On It's 16m Paying Customers, $100m+ ARR and Social Media Marketing

Our model was to build a cash-generating, revenue-generating business.

SaaS Interviews with CEOs, Startups, Founders
865 SaaS: Hootsuite On It's 16m Paying Customers, $100m+ ARR and Social Media Marketing

So we continued to move on.

SaaS Interviews with CEOs, Startups, Founders
865 SaaS: Hootsuite On It's 16m Paying Customers, $100m+ ARR and Social Media Marketing

A big chunk of the fundraising that we did do was for secondary liquidity for early investors.

SaaS Interviews with CEOs, Startups, Founders
865 SaaS: Hootsuite On It's 16m Paying Customers, $100m+ ARR and Social Media Marketing

And so we changed out investors.

SaaS Interviews with CEOs, Startups, Founders
865 SaaS: Hootsuite On It's 16m Paying Customers, $100m+ ARR and Social Media Marketing

But in terms of where the business has gone, we've been able to build a great cashflow positive business.

SaaS Interviews with CEOs, Startups, Founders
865 SaaS: Hootsuite On It's 16m Paying Customers, $100m+ ARR and Social Media Marketing

uh not not particularly if we think about it like a flywheel model um uh tomas from red point wrote a great piece a little while ago on flywheel uh for those of your listeners who know what it is great those of you that don't go check it out it basically is that all of our leads are generated through our freemium signups our pro signups for our self-serve signups

SaaS Interviews with CEOs, Startups, Founders
865 SaaS: Hootsuite On It's 16m Paying Customers, $100m+ ARR and Social Media Marketing

They come in through those channels.

SaaS Interviews with CEOs, Startups, Founders
865 SaaS: Hootsuite On It's 16m Paying Customers, $100m+ ARR and Social Media Marketing

So we get 30,000 signups a day.

SaaS Interviews with CEOs, Startups, Founders
865 SaaS: Hootsuite On It's 16m Paying Customers, $100m+ ARR and Social Media Marketing

And we look through those signups to see who we can help out, who maybe signed up for a free product.

SaaS Interviews with CEOs, Startups, Founders
865 SaaS: Hootsuite On It's 16m Paying Customers, $100m+ ARR and Social Media Marketing

They're kind of kicking the tires.

SaaS Interviews with CEOs, Startups, Founders
865 SaaS: Hootsuite On It's 16m Paying Customers, $100m+ ARR and Social Media Marketing

They're learning about what we do.

SaaS Interviews with CEOs, Startups, Founders
865 SaaS: Hootsuite On It's 16m Paying Customers, $100m+ ARR and Social Media Marketing

And where should we be having conversations?

SaaS Interviews with CEOs, Startups, Founders
865 SaaS: Hootsuite On It's 16m Paying Customers, $100m+ ARR and Social Media Marketing

And so we think about it as a continuum, not as a hard process.

SaaS Interviews with CEOs, Startups, Founders
865 SaaS: Hootsuite On It's 16m Paying Customers, $100m+ ARR and Social Media Marketing

bucketed line around self-serve versus, uh, versus enterprise.

SaaS Interviews with CEOs, Startups, Founders
865 SaaS: Hootsuite On It's 16m Paying Customers, $100m+ ARR and Social Media Marketing

Yeah, we're absolutely able to do that.